Mission Statement, Vision, & Core Values (2024) of National Health Investors, Inc. (NHI)

An Overview of National Health Investors, Inc. (NHI)

General Summary of National Health Investors, Inc.

National Health Investors, Inc. (NHI) was founded in 1991 and is headquartered in Murfreesboro, Tennessee. NHI primarily focuses on real estate investment in the healthcare sector, specifically in senior housing and medical facilities. The company generates revenue through leasing properties to operators, providing a steady income. As of 2024, NHI's properties include 188 facilities across the United States, encompassing skilled nursing facilities, assisted living, and independent living properties.

In terms of current sales, NHI reported a total revenue of approximately $196 million for the fiscal year ending in December 2023, with a substantial contribution coming from lease income and related management fees.

Company's Financial Performance in the Latest Financial Reports

NHI's financial performance in the most recent quarter (Q4 2023) showcased remarkable growth. The company recorded a record-breaking revenue of approximately $52 million for the quarter, reflecting a year-over-year increase of around 8%.

The following table details the financial highlights for NHI's latest reporting period:

This financial performance indicates NHI's strength in the healthcare investment market, particularly through their continued focus on high-quality properties and reliable tenants.

Introduction to NHI as a Leading Company in the Industry

National Health Investors, Inc. stands out as one of the leading companies in the healthcare real estate investment sector. The company's strategic focus on long-term leases with strong operators positions it well within a growing market characterized by an aging population and increasing healthcare needs.

As of the latest reports, NHI has established a solid reputation for delivering consistent returns to its investors. The company's management team has extensive industry experience, which further enhances its competitive edge. Readers are encouraged to find out more below to understand the factors contributing to NHI's success in the healthcare investment landscape.

Mission Statement of National Health Investors, Inc. (NHI)

Mission Statement Overview

The Mission Statement of National Health Investors, Inc. (NHI) serves as a guiding principle that shapes the company’s long-term goals and strategic direction. It reflects the organization's core purpose and commitment to its stakeholders, including investors, employees, and the communities it serves.

Core Component 1: Commitment to Quality

NHI's mission emphasizes a strong commitment to delivering high-quality healthcare facilities and services. The company aims to enhance the quality of life for residents by partnering with operators who prioritize excellence in care.

As of 2023, NHI's portfolio includes approximately 200 properties across 30 states, with an occupancy rate of 87.2%, indicating effective management and quality services. The average rent per facility increased to $6,200 per month, reflecting a commitment to maintaining premium standards.

Core Component 2: Sustainable Growth

NHI is dedicated to achieving sustainable growth through strategic investments and acquisitions. The company’s approach involves identifying opportunities in the senior living and healthcare sector that promise long-term profitability without compromising quality.

In 2022, NHI reported total revenues of $155 million, reflecting a year-over-year increase of 5%. Furthermore, the company has implemented a strategy to increase its annual dividends, which were raised by 2% in 2023, bringing the annual dividend to $4.04 per share.

Core Component 3: Community Engagement

Engagement in the communities served is a crucial aspect of NHI's mission. The company acknowledges the importance of building relationships and contributing to the well-being of residents, staff, and surrounding neighborhoods.

In its 2023 Corporate Social Responsibility Report, NHI highlighted investments of over $3 million in community outreach programs, including health fairs and wellness initiatives, which reached more than 10,000 individuals in various communities.

Vision Statement of National Health Investors, Inc. (NHI)

Vision Statement Overview

The vision statement of National Health Investors, Inc. (NHI) represents the core aspirations and long-term objectives of the company as of 2024. It focuses on enhancing the quality of life for seniors through innovative healthcare real estate investments.

Commitment to Senior Living

NHI aims to provide quality healthcare and living environments for seniors by investing in state-of-the-art facilities. As of 2024, NHI's portfolio includes:

Focus on Innovation

NHI is dedicated to incorporating technology and innovative practices in its facilities, with significant investments in the following areas:

Geographic Expansion

As part of its vision, NHI plans to expand its footprint in strategic locations across the United States. The following states are targeted for expansion:

• Texas
• Florida
• California
• North Carolina
• Arizona

Commitment to Sustainability

NHI recognizes the importance of sustainability in its operational practices. Key initiatives for 2024 include:

Strengthening Community Partnership

NHI aims to foster partnerships with community organizations to enhance service delivery:

• Collaboration with local healthcare providers
• Engagement in community health programs
• Support for local senior citizen initiatives

Core Values of National Health Investors, Inc. (NHI)

Integrity

Integrity stands as a fundamental value for National Health Investors, Inc. (NHI). It encompasses transparency, accountability, and ethical behavior in every aspect of operation. Integrity is vital for maintaining trust with stakeholders, clients, and the communities NHI serves.

In 2023, NHI was recognized for its ethical investment practices, evidenced by its adherence to the Global Reporting Initiative (GRI) standards. NHI's commitment to ethical governance is reflected in its annual sustainability report, which includes detailed disclosures of financial performance, environmental impact, and community engagement.

Innovation

Innovation is central to NHI's strategic growth and adaptability. The company embraces new technologies and approaches to enhance healthcare delivery and operational efficiency.

NHI invested approximately $50 million in technology upgrades in 2023 to improve patient care facilities. By implementing telehealth services across its portfolio, NHI increased access to care for over 10,000 patients in remote areas. Additionally, the launch of the NHI Innovation Fund, with an allocated budget of $5 million, supports startups in the healthcare technology space.

Collaboration

Collaboration emphasizes the power of collective effort in achieving shared goals. NHI actively partners with various stakeholders, including healthcare providers, communities, and investors, to optimize health outcomes.

In 2023, NHI engaged with over 1,000 healthcare facilities to foster collaborative practices. The company's partnership with local health departments has resulted in the successful rollout of community health initiatives, reaching an estimated population of 500,000. NHI also participated in various multi-stakeholder forums to drive policy changes in the healthcare sector.

Excellence

Excellence reflects NHI's commitment to achieving the highest standards in service delivery and operational processes. Striving for excellence ensures that the company meets the evolving needs of its clients and stakeholders.

NHI's facilities maintained an average rating of 4.7 out of 5 in patient satisfaction surveys conducted in 2023. The company has also received numerous awards, including the Best Places to Work recognition, awarded to NHI for three consecutive years. Their rigorous training programs, with an investment of $1 million annually, ensure that staff are equipped with the skills needed to deliver exceptional service.

Accountability

Accountability is crucial in affirming NHI's commitment to responsible governance and decision-making. This value ensures that the company is answerable to all stakeholders.

NHI's board of directors meets quarterly to review compliance, performance, and strategic initiatives. In 2023, the company's dedicated compliance team conducted over 200 audits across various facilities, resulting in a compliance rating of 98%. Furthermore, NHI established a whistleblower policy to encourage employees to report unethical practices without fear of retribution.